RE:RE:A news release summary for those new to NCU >>>Newstock44... currently both series of warrants are 'out of the money' but nonetheless if Pala did excerise then they would be able to obtain another 13.2 million shares from the first series warrants (at $2.00 per share) and another 4 million shares (at $2.20 per share) from the A warrants held. Assuming all warrants were excercised (including the 15 million about to be issued to Pala) then there would be about 250 million shares out and Pala would own about 102 million of them. This would put them at about a 41% ownership of NCU.
N Newstock44 wrote: And how many warrants do they own at 2 dollars and what about 2.20 after that what would their average be. Great work Notgnu looks impressive cheers NS